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April 27, 2020

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Industry News | Comfort & Ambience | Entertainment & Connectivity | Catering & Services

 
 

Airbus Furloughs 3,200, Air France-KLM Gets Government Bailout

Airbus announced it will furlough half of the workforce at its factory in Broughton, UK. Airbus CEO Guillaume Faury warned the company’s 135,000 employees to brace for further job cuts. Air France will receive $7.6 billion in loans from the French government, with conditions on profitability and the implementation of environmentally sustainable policies. The Dutch government is offering as much as $4.34 billion to KLM with strings attached, as well. Meanwhile, Norwegian Air is aiming to save cash by asking creditors to forgo debt in exchange for shares. The airline will also reduce its fleet by one-third and maintain a minimal schedule of domestic routes for the rest of the year.

BBC | Related Air France-KLM Will Receive At Least $10 Billion in Bailouts From France and Netherlands – Skift

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Boeing Backs Out of Embraer Tie-Up

Embraer is in damage-control mode after Boeing announced it was taking a $4.2-billion deal to buy 80% of Embraer’s commercial aircraft division off the table. The proposal was two years in the making. Boeing claims that negotiations fell through, but Embraer is seeking reparations from what it calls “a systematic pattern of delay and repeated violations of the master transaction agreement” on Boeing’s part. Embraer’s immediate aim is to reassure investors that it can manage on its own in the interim, citing cost-cutting measures and solid liquidity.

Reuters | Related Embraer Protests Canceled Boeing Deal – AV Web

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Virtual APEX Content Market Quiz to Premiere Tomorrow

While this year’s APEX Content Market was canceled due to the COVID-19 pandemic, the critically acclaimed showbiz-themed quiz must go on. All APEX members are invited to participate in the virtual trivia session tomorrow at 12:30 p.m. EDT. Click the link below for details on how to sign up. We hope to see you at APEX EXPO in October and at APEX Content Market in spring 2021.

APEX Media | Related PLANS UNDERWAY FOR CONTENT MARKET SPRING 2021 – APEX

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Avianca CEO to Discuss Effects of COVID-19 During FlightPlan Event

A highlight of the upcoming FlightPlan all-day broadcast event, hosted by Inmarsat Aviation, in collaboration with APEX, on April 29, will be an interview between APEX/IFSA CEO Dr. Joe Leader and Avianca CEO Anko van der Werff. APEX Media gained exclusive access to the segment, wherein van der Werff candidly discusses the effects of COVID-19 on both Avianca and on the aviation industry. He also addresses how digital innovation and environmental initiatives will evolve as a result of the pandemic. Register for FlightPlan now to watch the interview in full.

APEX Media | Related Register for FlightPlan: Charting a Course into the Future

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What We’re Made Of: Black Swan Adjusts Algorithms to Predict Post-COVID-19 Future

The global spread of COVID-19 means that a very different future, compared to what was predicted 90 days ago, awaits us, said Black Swan CEO Steve King: “There’s little data of what the world will be like. We have had to change our algorithms to predict the future more accurately.” In the meantime, King says the best way for suppliers to help cash-strapped airlines is to offer more solutions that can generate revenue. The What We’re Made Of series looks at how the aviation industry is tackling challenges brought on by the COVID-19 pandemic.

APEX Media | Related APEX/IFSA Release COVID-19 Airline Customer Sentiment Report Conducted by FETHR — APEX Media

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US Government May Buy Discounted Airline Tickets in Bulk

President Donald Trump suggested that “buying four of five years’ worth of tickets” for government travel would be beneficial for all parties involved: Airlines would receive a much-needed cash infusion while the government would enjoy discounted prices. On Friday, Delta Air Lines became the first carrier to receive approval from the FAA to store cargo, including PPE and medical equipment, in overhead bins. Delta CEO Ed Bastian expressed support for requiring immunity passports if it increases traveler confidence, but the WHO said this morning that no study has correlated the presence of COVID-19 antibodies with subsequent immunity.

Travel Pulse | Related With few passengers, Delta gets FAA approval to carry cargo in cabin – Atlanta Journal-Constitution

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Airbus Working to Sustain OneWeb Satellite Production Facility

OneWeb Satellites will find a way through the coronavirus crisis, according to Debra Facktor, head of Airbus US Space Systems. OneWeb filed for Chapter 11 bankruptcy protection last month, but Airbus is keen on supporting the company’s mission to launch hundreds of satellites into orbit. The production facility headquartered in Florida is a 50/50 joint venture between Airbus and OneWeb. It is implementing temporary furloughs for many of its 200 employees. Before the pandemic, the facility was delivering two satellites per day through the use of industrial-scale mass production techniques that saved on costs. OneWeb managed to launch 74 LEO satellites thus far.

Runway Girl Network | Related Space Coast satellite manufacturer OneWeb Satellites reduces workforce – WFTV

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> PHOTO OF THE DAY

 
 

A shiny new Air Arabia Airbus A321neo lining up on the runway. Captured at Kyiv Boryspil International Airport by @boryspil.spotter (via Instagram).

Use #APEXPOTD for the chance to be featured in the APEX Daily Experience newsletter!

 
 

> Tweet of the Day

While we’re staying home, why not paint an Emirates @Airbus A380? ✈️ #EmiratesAtHome © David Grendel

Emirates Airline @emirates

 
 
 

Association News

Just Two Days Until FlightPlan. Will You Be There?

Join aviation leaders, industry bodies, global airlines, ecosystem partners, industry analysts and commentators for FlightPlan, a one-day broadcast event co-hosted by Inmarsat and APEX. Get caught up on the news you need to know, and get a glimpse of where the industry stands today – and what’s next. Register now.

 
 
 
 

> Quote of the Day

"The beginning is always today."

Mary Wollstonecraft

 
 

Until tomorrow

 
 

ABOUT APEX

The Airline Passenger Experience Association (APEX) encompasses a network of airlines, businesses and professionals that are committed to providing a world-class airline experience for passengers around the globe. Every day, APEX members are improving every aspect of the airline experience, from designing, building and installing seating, entertainment and communications systems on commercial aircraft, to airport lounges and in-flight dining. Visit apex.aero for more information. APEX is professionally managed by Kellen Company, the premier global association management firm with offices and representation in the United States, Europe, China, the Middle East, India and Southeast Asia.

 
 

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